Don't bother or get angry at NS. No such thing is going to ever happen between India and Pakistan. Tomorrow another firing across the border, thing are back to square one.
Such news between India and Pakistan should be taken with bag of salt. This news of giving access to each other Banks has...
When you are comparing economies by nominal, you are not only taking the growth rate but also considering foreign exchange effect. Hence a static rank for India. That is the reason why India is third largest by PPP, while 10th largest by nominal. Statistics prove that foreign exchange effect...
When Cii Bank predicted India would over take China, it implied a long run growth rate of India at 5%, China at 3% and US at 1%. The more developed an economy is, harder is for one to extract higher growth rate. That is what economic theories say. For more information check Solow's model of...
Why this new “strategic partnership” between the United States and Afghanistan and Pakistan? Isn't Af/Pak there that is single theater of operations for both Afghanistan and Pakistan?
Civil wars are consequences of dictatorships. History is a lesson. The saving grace for India is democracy. It is rare that a democracy has seen a civil war. Democracy acts as a vent for people's anger. And Indians economy is rather well. For nothing Goldman Sachs, Citi, and other financial...
I would say India is doing rather well and is nowhere near what you call precipice. It is a country that everyone take seriously. Given its younger demographics I would not surprised if India even over takes China in next 50 years
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My exact thought for China. Given the lack of democracy...
Everybody knows this.
People also know that in future India is also going to overtake US. At least there are some positives in having billion+ population ;)
The problem with Indian companies is that they don't have required capital and expertise to be like Walmart. For a reason Walmart is Walmart.
As regarding profits staying at home, in a globalization world that is impossible. Globalization itself means free flowing of capital. Capital goes...
Correction...small retailers may loose, but small industries will gain immensely.
May I ask how India can make Walmart an Indian company, unless Walmart itself deregisters itself in US and incorporates in India. Any why it should make a difference.
Walmart will stimulate local manufacturing...
Although retail sector is very lucrative and a trillion dollar industry, the FDI norms are not particularly friendly.
In US, Walmart alone directly employs near 2 million people, millions of more in indirect way.
For those who say that small business will loose: That is the way things were...
@FaujHistorian
I agree with you that there is no such thing as pan Indian culture, but at the same time it is not as black and white as described by you. There are things that all Indians share at some level regarding what ever region some one belong to, and that we called Indian culture...
Agreed AAP has done a commendable job in Delhi Elections, but people are really overestimating APP if they think AAP will make the same kind of impact on national politics